Michelin’s H1 2020 sales fall 20.6% y/y to USD11.01 billion

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Financial results

Tire-maker expects full-year segment operating income in excess of EUR1.2 billion

Michelin has reported a 20.6% y/y decline in sales to EUR9.3 billion (USD11.01 billion) for the first six months ended 30 June 2020, according to a company press release on 27 July.

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